This story appeared in Bank Digest.
In their continuing effort to reduce data reporting and other burdens for small and large institutions, the federal banking agencies, as members of the Federal Financial Institutions Examination Council, are requesting comment on further burden-reducing revisions to all three versions of the Call Report (FIL-58-2017). These changes include the removal or consolidation of existing data items and certain new or increased reporting thresholds. The Call Report revisions are proposed to take effect June 30, 2018. Institutions are encouraged to comment on the proposal by Jan. 8, 2018.